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How to tell NSE has bottomed out
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FUNKY
#1741 Posted : Tuesday, November 13, 2012 5:04:48 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635

Buoyed by solid volumes, turnover rose to KSh.677M on a volume of 36M shares, up from
KSh.315M on 27M shares posted yesterday.

The NSE 20 Share Index closed 4.75 points higher to stand at 4156.86.
All share Index (NASI) was up 0.29 points to stand at 92.62.


FTSE NSE Kenya 15 Index shed 0.04 points to stand at 122.83.
FTSE NSE Kenya 25 Index shed 0.02 points to stand at 125.41.
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hisah
#1742 Posted : Tuesday, November 13, 2012 5:17:35 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Kenya Market Update with Francis Mwangi - http://www.abndigital.co...ate-with-Francis-Mwangi

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1743 Posted : Wednesday, November 21, 2012 6:34:23 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
NSE20 - 4171. 29pts away from 4200. I don't see 4200 being surpassed by Dec 31 2012. I'm risking being gored by the bull trend, but gains are too over extended & profit taking is healthy & encouraged. I need to board other valuable buses at sweet discounts. Yawa...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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cnn
#1744 Posted : Wednesday, November 21, 2012 6:55:31 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
hisah wrote:
NSE20 - 4171. 29pts away from 4200. I don't see 4200 being surpassed by Dec 31 2012. I'm risking being gored by the bull trend, but gains are too over extended & profit taking is healthy & encouraged. to board other I need valuable buses at sweet discounts. Yawa...

I was hoping Euroland was going to happen in the second half 2012 to possibly give us some fat discounts across the equity markets...anything to bring back '08 kind of discounts...well it ain't happening.
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guru267
#1745 Posted : Wednesday, November 21, 2012 9:47:46 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
cnn wrote:
hisah wrote:
NSE20 - 4171. 29pts away from 4200. I don't see 4200 being surpassed by Dec 31 2012. I'm risking being gored by the bull trend, but gains are too over extended & profit taking is healthy & encouraged. to board other I need valuable buses at sweet discounts. Yawa...

I was hoping Euroland was going to happen in the second half 2012 to possibly give us some fat discounts across the equity markets...anything to bring back '08 kind of discounts...well it ain't happening.


When one looks at P/Es, dividend yields and book values they will realize that stocks have never been cheaper than they are today!!

Mark 12:29
Deuteronomy 4:16
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FUNKY
#1746 Posted : Thursday, November 22, 2012 4:27:58 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635

Turnover declined to KSh.547M from the previous session’s KSh.593M, the number of shares
traded stood at 34M against 32M posted yesterday.

The NSE 20 Share Index shed 9.09 points to stand at 4162.79.
All Share Index (NASI) was up 0.05 points to stand at 93.18.


FTSE NSE Kenya 15 Index closed 1.40 points lower to stand at 122.50.
FTSE NSE Kenya 25 Index closed 1.57 points lower to stand at 124.87.
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hisah
#1747 Posted : Saturday, November 24, 2012 10:00:05 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Week on week, turnover rose to KSh.3.2bn from KSh.2.2bn posted the previous week, the number of shares traded stood at 272M against 166M the previous week.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1748 Posted : Wednesday, November 28, 2012 5:34:35 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
NSE20 too is technically overheated. I expect profit taking to take place in Dec.



$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1749 Posted : Wednesday, November 28, 2012 5:50:09 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
This is what I mean - clear chart just for visuals...



As for the MSCI Kenya index, today it is down 1.83% and it seems to have topped out (1120.91 - last seen in 2008) based on huge volume spike at the top with a negative RSI. Profit taking has officially began. Those counters that have rallied on heavy foreigner volume will likely experience declines. However, I don't expect the declines to exceed 15 - 20%.

Now I will patiently wait for discounts on KCB. If we can get to 25/- the better.





$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1750 Posted : Wednesday, November 28, 2012 5:59:33 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Forgot to mention that an interesting breakout (bullish) happened on the NSE20 long term triangle formation during this 2012 rally.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1751 Posted : Thursday, November 29, 2012 10:59:01 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Profit taking and the forum goes quiet. Never understood this forum trait. The opportunity to get value on discounted prices should be a happy moment.

USDKES has tried to maintain strength. Was expecting by the time CBR hits around 10-11% the cross to be above 90/-

NSE20 surpassed 4000pts and several counters flipped more than 50% gains!! What a rebound that was...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kazee
#1752 Posted : Thursday, November 29, 2012 11:13:54 AM
Rank: Member


Joined: 9/18/2006
Posts: 131
hisah wrote:
Profit taking and the forum goes quiet. Never understood this forum trait. The opportunity to get value on discounted prices should be a happy moment.

USDKES has tried to maintain strength. Was expecting by the time CBR hits around 10-11% the cross to be above 90/-

NSE20 surpassed 4000pts and several counters flipped more than 50% gains!! What a rebound that was...





hahahaha. I noticed the silence in the forum as well after the index started to slide this week.
Personally, am happy since am hoping the prices will go slightly lower than current so that I can board KCB and HF hopefully at 23 and 14 respectively
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S.Mutaga III
#1753 Posted : Thursday, November 29, 2012 11:18:16 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
hisah wrote:
Profit taking and the forum goes quiet. Never understood this forum trait. The opportunity to get value on discounted prices should be a happy moment.

USDKES has tried to maintain strength. Was expecting by the time CBR hits around 10-11% the cross to be above 90/-

NSE20 surpassed 4000pts and several counters flipped more than 50% gains!! What a rebound that was...


i like such moments when wazuans are quiet,for those who have been accumulating cash waiting for bargains,this is time to smile...what goes up must come down...waiting for blue chips to tank...especially KCB...i will strictly start buying at 23..
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Aguytrying
#1754 Posted : Thursday, November 29, 2012 11:19:37 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
hisah wrote:
Profit taking and the forum goes quiet. Never understood this forum trait. The opportunity to get value on discounted prices should be a happy moment.

USDKES has tried to maintain strength. Was expecting by the time CBR hits around 10-11% the cross to be above 90/-

NSE20 surpassed 4000pts and several counters flipped more than 50% gains!! What a rebound that was...



Nice cartoons, You know, i never got optimistic with this years rally. Now let people watch the downfall part 2. Any price goes.
Look at KPLC for example, we'll be buying at 14-15 soon, i could see through the "demand". KCB i want at 23.00 and below.
Cash may really be king as we head to elections.

I was also expecting a few threads esp on KCB when i logged in, but alas. I dont wanna be a prophet of doom, but i see some "organised scenarios" likely to play out towards election... inflation, debt, currency... something somewhere must be "touched"
The investor's chief problem - and even his worst enemy - is likely to be himself
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S.Mutaga III
#1755 Posted : Thursday, November 29, 2012 11:25:54 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
It seems most bargain hunters are waiting for KCB at 23ksh...thats the magic figure.As for HFCK...I always average down.Last purchase was ksh 14...a 13 will do.Any stock with less than 8% dividend yield is a big No!
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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maka
#1756 Posted : Thursday, November 29, 2012 5:36:01 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
If you have made money,broken even get out now...
possunt quia posse videntur
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hisah
#1757 Posted : Sunday, December 02, 2012 11:07:54 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Still time for boarding the mbus - http://bit.ly/Uj8yxt
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1758 Posted : Sunday, December 02, 2012 11:42:53 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
The reason why wanjikus are not piling into the market - http://www.businessdaily...4/-/yiuf4t/-/index.html

Too much blood on the streets. But that's the time to get fat discounts for quality mbuses. Poor wanjiku will come in when the mbus has moved over the hill ready for the downhill ride...!

Bulls climb a wall of worry. Bears pounce on the other side of the wall...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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sentinel prime
#1759 Posted : Monday, December 03, 2012 6:47:16 AM
Rank: New-farer


Joined: 11/12/2012
Posts: 92
maka wrote:
If you have made money,broken even get out now...


true ....
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S.Mutaga III
#1760 Posted : Monday, December 03, 2012 8:57:13 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
maka wrote:
If you have made money,broken even get out now...

I think a wise investor should focus on individual companies and not the whole market.Whenever you see a wonderful company at a fair price,buy the stock,whether bull or bear.Kind of independent thinking.
DISCLAIMER:"fair" is relative.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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